Sales partnership in Saudi Arabia 
Electromin und Quantron are partnering in the e-mobility business. Electromin will sell Quantron’s products in Saudi Arabia in future. With its subsidiary Petromin, Electromin runs a network of more than 700 service stations and a large truck and bus leasing company in the... more
Taking over the 19th short line railroad
USA-based R. J. Corman Railroad Company has entered into a definitive agreement to purchase a 70 km railroad branch and lease a 32 km branch from Norfolk Southern, adding its 19th railroad to its operational portfolio. The closing of the transaction is subject to customary... more
Driver shortage to triple by 2026
Professional driver shortages in Europe are spiralling out of control, fuelled by increased transport demand and an ageing driver population, the International Road Transport Union (IRU) concluded in its latest report. The growing chasm between retiring and new drivers is... more
Freight service to receive an electronic upgrade
The South African state-owned transport company Transnet is digitising its freight services with Huawei's “all-optical backbone network for railways”. Reyling on next-generation intelligent and simplified Optix OSN 9800 series products, the chosen system promises high... more
160 new partner locations in one go
The mobility service provider UTA Edenred has gained two new cooperation partners. Through the partnership with Conti Trade Austria, a subsidiary of Continental, and Point S, UTA Edenred is expanding its Austrian tyre partner network with 160 new workshops offering tyre services... more
New locomotive for mineral oil transports
The German railway company IGE is expanding its fleet and leasing another Euro Dual locomotive from the European Loc Pool (ELP). The new traction unit will be used for heavy mineral oil transports The six-axle Euro Dual is the fourth Euro Hybrid locomotive in the IGE fleet,... more
Shift to electric city logistics continues
Transgourmet, a subsidiary of the Swiss retailer Coop, has put two new e-trucks into operation in Schlieren near Zurich. With Renault’s two D Wide E-Tech trucks, Transgourmet is taking a further step in the conversion of its city logistics to battery power. Transgourmet... more
Railways demand fair sharing of costs
The German Railway Industry Association (VDB) has posted mixed results for H1/2022: at EUR 6.8 billion, sales are around 1.5% above the figure for H1/2021. Domestic business is up by 24%. Foreign sales, on the other hand, show a decrease of 35% to EUR 1.7 billion. According... more
TXL to boost intermodal services in Turkey
TX Logistik is planning to further expand its intermodal railfreight services between Istanbul (Turkey) and Cologne (Germany). The connection was launched in June 2022. A traction partner runs the route between the Halkali Terminal in Istanbul and Curtici in Romania three... more
Regional Rail expands into Canada
3i-backed Regional Rail, an owner and operator of US short-line freight railroads, has acquired a portfolio of freight rail assets located in western Canada from G3 Canada. In addition to the Great Sandhills Railway, Regional Rail will acquire interests in three other... more